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XRP holds steady near $1.33 as withdrawals rise and whale accumulation signals possible market shift.

Technical Signals
23 May 2026
Zycrypto
View Source
Bullish
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XRP traded sideways around $1.33 after dropping nearly 8% last week amid weak demand and cautious sentiment. Withdrawals from exchanges rose to 57.6%, indicating holders are moving XRP to private wallets, reducing tokens available for sale. This pattern mirrors April's activity when XRP traded near $1.30, suggesting potential easing of selling pressure. Additionally, 4,300 new wallets were created in 24 hours, and large holders accumulated over 71 million XRP, signaling possible renewed interest and longer-term positioning by big investors.

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